AFRM - Affirm Holdings, Inc. Stock Price, Fair Value and News

31.57USD-3.33 (-9.54%)Market Closed

Market Summary

USD31.57-3.33

Market Closed

-9.54%

AFRM Alerts

1 major insider sales recently.

AFRM Stock Price

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AFRM RSI Chart

AFRM Valuation

Market Cap

9.9B

Price/Earnings (Trailing)

-14.54

Price/Sales (Trailing)

4.68

EV/EBITDA

-43.85

Price/Free Cashflow

35.34

AFRM Price/Sales (Trailing)

AFRM Profitability

EBT Margin

-32.17%

Return on Equity

-25.87%

Return on Assets

-7.37%

Free Cashflow Yield

2.83%

AFRM Fundamentals

AFRM Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

51.23%

Rev. Growth (Qtr)

-2.53%

AFRM Earnings

Earnings (TTM)

-678.6M

Earnings Growth (Yr)

34.88%

Earnings Growth (Qtr)

19.75%

Breaking Down AFRM Revenue

Last 7 days

-1.7%

Last 30 days

-7.4%

Last 90 days

-35.9%

Trailing 12 Months

156.7%

How does AFRM drawdown profile look like?

AFRM Financial Health

Debt/Equity

0.53

Debt/Cashflow

0.31

AFRM Investor Care

Shares Dilution (1Y)

6.37%

Diluted EPS (TTM)

-2.23

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.1B	0	0	0
2023	1.5B	1.6B	1.7B	1.9B
2022	1.2B	1.3B	1.4B	1.5B
2021	762.0M	870.5M	965.9M	1.1B
2020	427.8M	509.5M	595.6M	669.6M
2019	0	264.4M	0	346.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Affirm Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	michalek libor	acquired	-	-	2,336	president
May 01, 2024	adkins katherine	sold (taxes)	-98,672	32.12	-3,072	chief legal officer
May 01, 2024	adkins katherine	acquired	-	-	6,783	chief legal officer
May 01, 2024	linford michael	sold (taxes)	-22,741	32.12	-708	chief financial officer
May 01, 2024	linford michael	acquired	-	-	2,336	chief financial officer
May 01, 2024	michalek libor	sold (taxes)	-38,030	32.12	-1,184	president
May 01, 2024	rabois keith	sold	-297,902	32.1154	-9,276	-
Apr 11, 2024	michalek libor	gifted	-	-	-1,180	president
Apr 01, 2024	jiyane siphelele	acquired	-	-	25,000	chief accounting officer
Apr 01, 2024	rabois keith	sold	-327,412	35.2967	-9,276	-

Which funds bought or sold AFRM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	new	-	841,145	841,145	0.04%
May 07, 2024	CarsonAllaria Wealth Management, Ltd.	unchanged	-	-594	1,863	-%
May 07, 2024	ONCE CAPITAL MANAGEMENT, LLC	unchanged	-	-1,002,670	3,144,740	1.47%
May 07, 2024	Legacy Capital Group California, Inc.	reduced	-2.52	-493,585	1,398,260	0.52%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-7.66	-191,516	447,157	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-11.78	-2,666,000	5,388,000	0.01%
May 07, 2024	ALLEN HOLDING INC /NY	unchanged	-	-3,032,510	9,511,060	1.20%
May 07, 2024	Meeder Advisory Services, Inc.	sold off	-100	-252,285	-	-%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	reduced	-40.97	-4,846,730	3,927,060	0.05%
May 07, 2024	Qsemble Capital Management, LP	new	-	728,917	728,917	0.16%

Are Funds Buying or Selling AFRM?

Are funds buying AFRM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AFRM

No. of Funds

AFRM Alerts

1 major insider sales recently.

Unveiling Affirm Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.06%	19,506,902	SC 13G/A
Feb 12, 2024	morgan stanley	10.7%	25,920,981	SC 13G/A
Feb 09, 2024	capital world investors	7.8%	19,002,021	SC 13G
Feb 09, 2024	capital research global investors	8.4%	20,251,044	SC 13G/A
Feb 08, 2024	gic private ltd	9.09%	22,007,406	SC 13G/A
Jan 29, 2024	baillie gifford & co	8.45%	20,467,614	SC 13G/A
Jun 08, 2023	morgan stanley	10.8%	25,516,934	SC 13G/A
Feb 13, 2023	capital research global investors	11.2%	25,657,975	SC 13G/A
Feb 10, 2023	gic private ltd	11.36%	27,390,964	SC 13G/A
Feb 09, 2023	vanguard group inc	8.17%	18,794,360	SC 13G/A

Recent SEC filings of Affirm Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
Apr 12, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Affirm Holdings, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.1T	236.6B	-3.33%	33.70%	35.4	12.89	13.97%	24.86%
ADBE	218.6B	19.9B	0.75%	42.39%	45.53	10.96	10.76%	1.35%
CRWD	74.9B	3.1B	-	141.44%	838.13	24.5	36.33%	148.75%
SQ	43.9B	22.9B	-9.20%	19.93%	88.02	1.92	23.28%	240.37%
AKAM	15.5B	3.8B	-3.49%	29.48%	28.26	4.06	5.40%	4.57%
FFIV	10.1B	2.8B	-10.38%	27.49%	20.2	3.62	0.20%	52.82%
MID-CAP
ALTR	7.0B	619.6M	-0.91%	26.62%	734.06	11.35	7.11%	116.83%
HCP	6.4B	583.1M	24.75%	7.12%	-33.35	10.91	22.54%	30.49%
ACIW	3.8B	1.5B	8.76%	49.85%	25.91	2.56	6.51%	54.77%
APPN	2.4B	560.0M	-19.39%	-9.93%	-21.88	4.2	14.52%	34.67%
SMALL-CAP
CSGS	1.2B	1.2B	-15.88%	-15.51%	19.22	1.06	3.70%	18.24%
ATEN	1.1B	254.7M	13.91%	11.68%	25.07	4.5	-7.51%	2.74%
BAND	559.8M	634.3M	19.38%	86.00%	-19.18	0.88	9.43%	-197.31%
DTSS	19.4M	7.0M	-8.93%	-54.46%	-2.26	2.91	-55.73%	-45.27%
BLIN	13.2M	15.6M	-3.79%	35.11%	-1.33	0.85	-6.37%	-5256.07%

Affirm Holdings, Inc. News

Latest updates

Affirm Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q2
Revenue	-2.5%	576,157,000	591,110,000	496,547,000	445,825,000	380,978,000	399,558,000	361,624,000	364,134,000	354,762,000	361,011,000	269,385,000	261,780,000	230,665,000	204,041,000	173,978,000	153,332,000	138,273,000	129,976,000	-
Costs and Expenses	-3.4%	736,946,000	763,261,000	705,994,000	689,653,000	691,013,000	759,090,000	649,091,000	641,360,000	581,313,000	557,211,000	435,456,000	376,033,000	440,013,000	230,813,000	207,272,000	114,012,000	219,778,000	162,609,000	-
S&GA Expenses	-17.6%	132,950,000	161,265,000	146,866,000	145,131,000	140,942,000	188,334,000	163,873,000	168,693,000	156,214,000	143,476,000	63,960,000	62,312,000	58,184,000	39,112,000	22,582,000	5,066,000	7,108,000	7,651,000	-
EBITDA Margin	38.1%	-0.10	-0.17	-0.30	-0.42	-0.49	-0.44	-0.37	-0.45	-0.43	-0.69	-0.68	-0.43	-0.29	-0.05	-0.07	-0.14	-0.21	-0.26	-0.34
Interest Expenses	6.9%	90,449,000	84,617,000	73,931,000	63,008,000	51,188,000	43,751,000	25,066,000	19,417,000	15,824,000	17,700,000	16,753,000	15,623,000	14,665,000	12,060,000	10,352,000	7,817,000	8,204,000	8,167,000	-
Income Taxes	227.1%	890,000	-700,000	1,000,000	-1,326,000	-800,000	-1,568,000	-180,000	-18,152,500	300,000	300,000	171,000	-2,458,000	-70,000	100,000	100,000	76,000	93,000	100,000	-
Earnings Before Taxes	20.6%	-133,046,000	-167,602,000	-170,740,000	-207,278,000	-206,513,000	-324,005,000	-251,449,000	-204,516,000	-54,412,000	-159,459,000	-306,444,000	-125,868,000	-287,121,000	-26,532,000	-3,849,000	34,907,000	-85,527,000	-30,903,000	-
EBT Margin	18.1%	-0.32	-0.39	-0.53	-0.62	-0.65	-0.56	-0.46	-0.54	-0.52	-0.78	-0.77	-0.51	-0.37	-0.12	-0.14	-0.22	-0.28	-0.35	-0.46
Net Income	19.8%	-133,936,000	-166,902,000	-171,783,000	-205,962,000	-205,677,000	-322,437,000	-251,269,000	-186,396,000	-54,671,000	-159,735,000	-306,615,000	-123,420,000	-287,051,000	-26,610,000	-3,946,000	34,813,000	-85,620,000	-30,996,000	-
Net Income Margin	17.9%	-0.32	-0.39	-0.53	-0.62	-0.64	-0.55	-0.45	-0.52	-0.52	-0.78	-0.77	-0.51	-0.37	-0.12	-0.14	-0.22	-0.28	-0.35	-0.46
Free Cashflow	354.5%	161,676,000	35,574,000	63,085,000	18,931,000	-84,791,000	-62,798,000	20,064,000	-86,145,000	-49,076,000	-462,066,000	348,803,000	-27,751,000	-128,609,000	-50,549,000	-6,473,000	-30,762,000	-13,412,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q2
Assets	1.5%	9,201	9,065	8,407	8,156	7,508	7,805	7,165	6,974	7,032	6,952	5,402	4,867	4,766	2,708	1,402
Cash Equivalents	56.2%	1,620	1,037	1,079	892	972	1,440	1,530	1,551	2,262	2,567	1,440	1,467	1,624	637	328
Net PPE	8.6%	402	370	339	290	277	249	208	171	142	114	85.00	62.00	53.00	49.00	48.00
Goodwill	-1.0%	536	541	536	543	537	528	525	540	547	541	541	517	-	257	1.00
Liabilities	2.3%	6,578	6,430	5,840	5,621	4,997	5,295	4,602	4,356	4,456	4,484	3,025	2,291	2,362	1,730	965
Long Term Debt	-2.1%	1,386	1,416	1,415	1,414	1,413	1,709	1,708	1,707	1,706	1,705	-	-	-	-	74.00
Shareholder's Equity	-0.4%	2,623	2,635	2,567	2,534	2,511	2,510	2,563	2,618	2,576	2,468	2,377	2,576	2,406	-	-
Retained Earnings	-4.6%	-3,063	-2,929	-2,763	-2,591	-2,385	-2,179	-1,857	-1,605	-1,419	-1,364	-1,205	-898	-734	-494	-447
Additional Paid-In Capital	2.4%	5,705	5,572	5,355	5,141	4,919	4,716	4,455	4,231	3,988	3,829	3,580	3,467	3,134	142	80.00
Shares Outstanding	1.6%	313	308	304	295	294	292	291	282	280	274	272	158	122	68.00	48.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q2
Cashflow From Operations	180.1%	208,152	74,321	98,902	43,789	-54,275	-28,548	51,215	-59,109	-27,981	-440,254	365,150	-19,913	-123,258	-47,655	-2,304	-28,447	-8,210	-	-
Share Based Compensation	-14.5%	77,075	90,164	112,359	103,337	106,789	121,775	119,808	110,870	98,387	88,537	93,189	100,144	179,639	6,521	6,203	5,036	7,795	-	-
Cashflow From Investing	76.5%	-146,755	-624,902	-15,859	-777,174	-300,958	-692,211	117,273	-1,025,717	-166,048	-190,063	-629,510	84,345	-199,668	-548,949	-357,761	-20,673	40,410	-	-
Cashflow From Financing	-77.9%	112,029	506,345	148,806	609,549	-128,959	669,813	199,542	-28,881	55,787	1,766,260	243,953	-176,129	1,488,628	447,520	817,811	120,717	-30,445	-	-
Buy Backs	-	-	-	-	-	-	-	109	2.00	80.00	-	4.00	14.00	3.00	199	584	-500*	400	17,590	-

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AFRM Income Statement

2023-12-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue
Revenue	$ 227,626	$ 163,136	$ 407,052	$ 302,993
Interest income	288,346	155,321	551,025	292,123
Gain on sales of loans	52,702	59,607	86,987	123,202
Servicing income	22,436	21,494	42,593	42,864
Total revenue, net	591,110	399,558	1,087,657	761,182
Operating expenses
Loss on loan purchase commitment	53,630	38,422	88,496	74,032
Provision for credit losses	120,880	106,689	220,576	170,939
Funding costs	84,617	43,751	158,548	68,817
Processing and servicing	90,203	66,508	165,874	120,867
Technology and data analytics	119,833	156,747	252,798	301,708
Sales and marketing	161,265	188,334	308,131	352,207
General and administrative	132,777	158,639	273,111	319,611
Restructuring and other	56	0	1,721	0
Total operating expenses	763,261	759,090	1,469,255	1,408,181
Operating loss	(172,151)	(359,532)	(381,598)	(646,999)
Other income, net	4,549	35,527	43,256	71,545
Loss before income taxes	(167,602)	(324,005)	(338,342)	(575,454)
Income tax (benefit) expense	(700)	(1,568)	343	(1,748)
Net loss	(166,902)	(322,437)	(338,685)	(573,706)
Other comprehensive income (loss)
Foreign currency translation adjustments	13,824	4,522	1,926	(17,024)
Unrealized gain (loss) on securities available for sale, net	4,853	3,069	6,206	(2,459)
Gain (loss) on cash flow hedges	(614)	0	149	0
Net other comprehensive income (loss)	18,063	7,591	8,281	(19,483)
Comprehensive loss	$ (148,839)	$ (314,846)	$ (330,404)	$ (593,189)
Net loss per share attributable to common stockholders for Class A and Class B
Basic (in USD per share)	$ (0.54)	$ (1.10)	$ (1.11)	$ (1.96)
Diluted (in USD per share)	$ (0.54)	$ (1.10)	$ (1.11)	$ (1.96)
Weighted average common shares outstanding
Basic (in shares)	307,571,602	293,683,331	305,705,637	292,306,300
Diluted (in shares)	307,571,602	293,683,331	305,705,637	292,306,300
Merchant network revenue
Revenue
Revenue	$ 188,357	$ 134,019	$ 334,307	$ 247,168
Card network revenue
Revenue
Revenue	$ 39,269	$ 29,117	$ 72,745	$ 55,825

AFRM Balance Sheet

2023-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Jun. 30, 2023
Assets
Cash and cash equivalents	$ 1,036,719	$ 892,027
Restricted cash	411,259	367,917
Securities available for sale at fair value	914,069	1,174,653
Loans held for sale	29	76
Loans held for investment	5,238,812	4,402,962
Allowance for credit losses	(262,204)	(204,531)
Loans held for investment, net	4,976,608	4,198,431
Accounts receivable, net	307,286	199,085
Property, equipment and software, net	369,854	290,135
Goodwill	541,156	542,571
Intangible assets	17,407	34,434
Commercial agreement assets	134,558	177,672
Other assets	356,044	278,614
Total assets	9,064,989	8,155,615
Liabilities:
Accounts payable	59,805	28,602
Payable to third-party loan owners	134,567	53,852
Accrued interest payable	22,181	13,498
Accrued expenses and other liabilities	150,272	180,883
Convertible senior notes, net	1,415,952	1,414,208
Notes issued by securitization trusts	2,740,656	2,165,577
Funding debt	1,906,672	1,764,812
Total Liabilities	6,430,105	5,621,432
Commitments and contingencies (Note 8)
Stockholders’ equity:
Additional paid in capital	5,571,955	5,140,850
Accumulated deficit	(2,929,932)	(2,591,247)
Accumulated other comprehensive loss	(7,142)	(15,423)
Total stockholders’ equity	2,634,884	2,534,183
Total liabilities and stockholders’ equity	9,064,989	8,155,615
Class A common stock
Stockholders’ equity:
Common stock	2	2
Class B common stock
Stockholders’ equity:
Common stock	$ 1	$ 1

About Affirm Holdings, Inc.

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months. The company has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. Its merchants represent a range of industries, including sporting goods and outdoors, furniture and homewares, travel and ticketing, apparel, accessories, consumer electronics, and jewelry. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.

CEO	Mr. Max Roth Levchin
WEBSITE	affirm.com
INDUSTRY	Software - Infra
EMPLOYEES	2171

Affirm Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Affirm Holdings, Inc.? What does AFRM stand for in stocks?

AFRM is the stock ticker symbol of Affirm Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Affirm Holdings, Inc. (AFRM)?

As of Wed May 08 2024, market cap of Affirm Holdings, Inc. is 9.71 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AFRM stock?

You can check AFRM's fair value in chart for subscribers.

What is the fair value of AFRM stock?

You can check AFRM's fair value in chart for subscribers. The fair value of Affirm Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Affirm Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AFRM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Affirm Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether AFRM is over valued or under valued. Whether Affirm Holdings, Inc. is cheap or expensive depends on the assumptions which impact Affirm Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AFRM.

What is Affirm Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AFRM's PE ratio (Price to Earnings) is -12.94 and Price to Sales (PS) ratio is 5.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AFRM PE ratio will change depending on the future growth rate expectations of investors.